India DDGS Feed Market- Trend Analysis & Forecasts
Description
India DDGS Feed Market Overview:
India’s DDGS feed market, valued at around US$ ** million in 2024, is expanding on the back of rising ethanol production and livestock feed demand. With poultry feed consumption exceeding ** lakh tonnes annually and dairy feed demand at nearly ** lakh tonnes, DDGS is finding a strong domestic market as a cost-efficient protein source. Exports have also gained traction, touching nearly ** thousand tons in FY 2023-24, with growing demand from Asian neighbors. By 2032, the market is expected to cross US$ ** billion, reflecting an average growth of 10–12% CAGR.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the India’s DDGS feed market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
The ethanol blending program targeting 20% ethanol by 2025-26 is the biggest driver, as it is projected to push ethanol output beyond 10 billion liters annually, creating 4–5 million tonnes of DDGS as byproduct. Competitive pricing also fuels adoption, as DDGS is generally 10–20% cheaper than soybean meal on a protein-equivalent basis. Rising livestock output—India’s poultry industry produces 4.9 million tonnes of broiler meat, while aquaculture is projected to cross 12 million tonnes of feed demand by 2030—ensures long-term growth. Environmental benefits, as DDGS supports a circular bioeconomy, add further policy backing.
Market Restraints & Challenges
Despite strong demand, variability in protein levels between 24–30% affects uniform feed formulation, especially for integrators. High logistics costs, often adding 10–15% to delivered prices, reduce competitiveness in some regions. Trade uncertainty also creates risks, as sudden export restrictions or concerns from buyers over aflatoxin and moisture content have disrupted shipments. Moreover, entrenched competition from soybean meal, rapeseed meal, and cottonseed meal limits DDGS penetration in premium feed rations.
Market Segmentation
Poultry dominates consumption with over **% share in 2024, followed by dairy at **%, while aquaculture’s share is projected to rise to **% by 2032. Maize-based DDGS accounts for nearly **% of production, rice-based DDGS contributes around **%, and wheat-based shares the rest. Feed mills represent the bulk of end-use, consuming about **% of supply, with small and medium formulators taking **%, and direct farm usage accounting for **%. Regionally, southern and western India lead demand, while eastern states remain key producers due to rice-based ethanol distilleries.
Competitive Landscape
The market is moderately fragmented, with large ethanol producers like Balrampur Chini Mills, Globus Spirits, and India Glycols supplying much of the DDGS. Expansion projects in 2023-24 alone added nearly 2 billion liters of ethanol capacity, boosting DDGS availability. Profit margins are attractive, with distilleries gaining an additional **% revenue from DDGS sales. Companies are also investing in pelletizing and long-term feed contracts, signaling a shift from raw output towards quality assurance and integration with feed value chains.
Outlook
India’s DDGS feed market is projected to grow from US$ ** million in 2024 to nearly US$ ** billion by 2032, with exports expected to exceed ** thousand tons annually. The country is likely to gain regional price-setting influence, particularly in South and Southeast Asia, where cost-sensitive buyers prefer Indian supply over higher-priced U.S. exports. The future trajectory depends on resolving quality consistency and logistics challenges, but if addressed, India is positioned to become a pivotal regional supplier in the global DDGS feed trade.
Scope of the Report:
• Historical Years: 2018-2023
• Base Year: 2024
• Forecast Period: 2025-2032
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By Raw Material Base (Maize-based DDGS, Rice-based DDGS, Wheat-based DDGS, and Blended Sources)
By Animal Type (Poultry, Dairy, Aquaculture, Swine, and Others)
By End-use Applications (Integrated Feed Mills, Small & Medium Feed Formulators, and On-farm Use)
By Sales (Domestic Sales and Exports)
• Companies Profiled: The market players include, Shree Renuka Sugars Ltd., Praj Industries, Bajaj Hindusthan Sugar Ltd., Balrampur Chini Mills Ltd., Dhampur Sugar Mills Ltd., Triveni Engineering & Industries Ltd., Dwarikesh Sugar Industries Ltd., Globus Spirits Ltd., India Glycols Ltd., Shree Ganesh Ethanol Industries Pvt. Ltd., Maiz Product Pvt. Ltd., Radico Khaitan Ltd., Associated Alcohols & Breweries Ltd., Kothari Sugars and Chemicals Ltd., KRIBHCO Agri, Rana Sugars Ltd., Nutrigo Feeds Pvt. Ltd., and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
India’s DDGS feed market, valued at around US$ ** million in 2024, is expanding on the back of rising ethanol production and livestock feed demand. With poultry feed consumption exceeding ** lakh tonnes annually and dairy feed demand at nearly ** lakh tonnes, DDGS is finding a strong domestic market as a cost-efficient protein source. Exports have also gained traction, touching nearly ** thousand tons in FY 2023-24, with growing demand from Asian neighbors. By 2032, the market is expected to cross US$ ** billion, reflecting an average growth of 10–12% CAGR.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the India’s DDGS feed market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
The ethanol blending program targeting 20% ethanol by 2025-26 is the biggest driver, as it is projected to push ethanol output beyond 10 billion liters annually, creating 4–5 million tonnes of DDGS as byproduct. Competitive pricing also fuels adoption, as DDGS is generally 10–20% cheaper than soybean meal on a protein-equivalent basis. Rising livestock output—India’s poultry industry produces 4.9 million tonnes of broiler meat, while aquaculture is projected to cross 12 million tonnes of feed demand by 2030—ensures long-term growth. Environmental benefits, as DDGS supports a circular bioeconomy, add further policy backing.
Market Restraints & Challenges
Despite strong demand, variability in protein levels between 24–30% affects uniform feed formulation, especially for integrators. High logistics costs, often adding 10–15% to delivered prices, reduce competitiveness in some regions. Trade uncertainty also creates risks, as sudden export restrictions or concerns from buyers over aflatoxin and moisture content have disrupted shipments. Moreover, entrenched competition from soybean meal, rapeseed meal, and cottonseed meal limits DDGS penetration in premium feed rations.
Market Segmentation
Poultry dominates consumption with over **% share in 2024, followed by dairy at **%, while aquaculture’s share is projected to rise to **% by 2032. Maize-based DDGS accounts for nearly **% of production, rice-based DDGS contributes around **%, and wheat-based shares the rest. Feed mills represent the bulk of end-use, consuming about **% of supply, with small and medium formulators taking **%, and direct farm usage accounting for **%. Regionally, southern and western India lead demand, while eastern states remain key producers due to rice-based ethanol distilleries.
Competitive Landscape
The market is moderately fragmented, with large ethanol producers like Balrampur Chini Mills, Globus Spirits, and India Glycols supplying much of the DDGS. Expansion projects in 2023-24 alone added nearly 2 billion liters of ethanol capacity, boosting DDGS availability. Profit margins are attractive, with distilleries gaining an additional **% revenue from DDGS sales. Companies are also investing in pelletizing and long-term feed contracts, signaling a shift from raw output towards quality assurance and integration with feed value chains.
Outlook
India’s DDGS feed market is projected to grow from US$ ** million in 2024 to nearly US$ ** billion by 2032, with exports expected to exceed ** thousand tons annually. The country is likely to gain regional price-setting influence, particularly in South and Southeast Asia, where cost-sensitive buyers prefer Indian supply over higher-priced U.S. exports. The future trajectory depends on resolving quality consistency and logistics challenges, but if addressed, India is positioned to become a pivotal regional supplier in the global DDGS feed trade.
Scope of the Report:
• Historical Years: 2018-2023
• Base Year: 2024
• Forecast Period: 2025-2032
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By Raw Material Base (Maize-based DDGS, Rice-based DDGS, Wheat-based DDGS, and Blended Sources)
By Animal Type (Poultry, Dairy, Aquaculture, Swine, and Others)
By End-use Applications (Integrated Feed Mills, Small & Medium Feed Formulators, and On-farm Use)
By Sales (Domestic Sales and Exports)
• Companies Profiled: The market players include, Shree Renuka Sugars Ltd., Praj Industries, Bajaj Hindusthan Sugar Ltd., Balrampur Chini Mills Ltd., Dhampur Sugar Mills Ltd., Triveni Engineering & Industries Ltd., Dwarikesh Sugar Industries Ltd., Globus Spirits Ltd., India Glycols Ltd., Shree Ganesh Ethanol Industries Pvt. Ltd., Maiz Product Pvt. Ltd., Radico Khaitan Ltd., Associated Alcohols & Breweries Ltd., Kothari Sugars and Chemicals Ltd., KRIBHCO Agri, Rana Sugars Ltd., Nutrigo Feeds Pvt. Ltd., and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
Table of Contents
142 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1. Objectives & Scope of the Study
- 2.2. Definitions & Economic Importance
- 2.3. Research Methodology
- 2.4. Key Factors and Decision Matrix Evaluation
- 2.5. Limitations & Challenges
- 3. Product/ Market Overview
- 3.1. India DDGS Feed Supply Chain Overview
- 3.2. Processing & Grading Standards
- 3.3. End-use Market Applications
- 3.4. Policy, Regulatory Framework & Quality Certification Analysis
- 4. India: Country Profile
- 5. Global Market: An Overview
- 6. Market Growth Factors Analysis
- 6.1. Drivers and Restraints
- 6.2. Challenges and Opportunities
- 6.3. India DDGS Feed Industry SWOT Analysis
- 6.4. India DDGS Feed Market PESTEL Analysis
- 6.5. India DDGS Feed Market Porter's Five Forces analysis
- 6.6. Strategic Levers & Policy Landscape
- 6.7. Disruptive Trends to Watch
- 7. Supply-Demand Analysis
- 7.1. India DDGS Feed Production Trends
- 7.2. Feedstock Utilization Trend
- 7.3. Processing Capacity & Infrastructure
- 7.4. Domestic Consumption Trends
- 7.5. Import/Export Demand
- 7.6. Value Chain Economics & Margins
- 7.7. DDGS Feed Product Variants/Derivatives
- 8. India DDGS Feed Market: Segmentation Analysis
- 8.1. By Raw Material Base
- 8.1.1. Maize-based DDGS
- 8.1.2. Rice-based DDGS
- 8.1.3. Wheat-based DDGS
- 8.1.4. Blended Sources
- 8.2. By Feed Type
- 8.2.1. Poultry
- 8.2.2. Dairy
- 8.2.3. Aquaculture
- 8.2.4. Swine
- 8.2.5. Others
- 8.3. By End-use Applications
- 8.3.1. Integrated Feed Mills
- 8.3.2. Small & Medium Feed Formulators
- 8.3.3. On-farm Use
- 8.4. By Sales
- 8.4.1. Domestic Sales
- 8.4.2. Exports
- 9. Trade Analysis (Export & Import)
- 9.1. Historical Trade Trend (Volume & Value)
- 9.2. Top Importing/Exporting Countries
- 9.3. Tariff Structures & Trade Agreements
- 9.4. Leading Exporting Companies
- 9.5. Major Global Buyers (Importers/Distributors)
- 9.6. Logistics & Customs Challenges
- 10. Price Analysis
- 10.1. Key Price Influencing Factors
- 10.2. Seasonality & Historical Volatility
- 10.3. Domestic Market Price Trends
- 10.4. Trade Price Trends
- 11. Competitive Landscape
- 11.1. Competitive Mapping
- 11.2. Company Profiles
- 11.2.1. Shree Renuka Sugars Ltd.
- 11.2.2. Praj Industries
- 11.2.3. Bajaj Hindusthan Sugar Ltd.
- 11.2.4. Balrampur Chini Mills Ltd.
- 11.2.5. Dhampur Sugar Mills Ltd.
- 11.2.6. Triveni Engineering & Industries Ltd.
- 11.2.7. Dwarikesh Sugar Industries Ltd.
- 11.2.8. Globus Spirits Ltd.
- 11.2.9. India Glycols Ltd.
- 11.2.10. Shree Ganesh Ethanol Industries Pvt. Ltd.
- 11.2.11. Maiz Product Pvt. Ltd.
- 11.2.12. Radico Khaitan Ltd.
- 11.2.13. Associated Alcohols & Breweries Ltd.
- 11.2.14. Kothari Sugars and Chemicals Ltd.
- 11.2.15. Rana Sugars Ltd.
- *Each company profile includes Company Business Overview, Primary Business Activities, Products Offered, SWOT Analysis, and relevant other relevant details.
- 12. Conclusion
- 13. Appendix
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